Tax-Loss Harvest Finder
Sell the loss, keep the exposure. For any fund, ranked stand-ins that track the same market — scored on a year of price correlation, holdings overlap, and fee — with a flag when two funds follow the same index and a swap could look substantially identical.
Correlation computed on ~250 shared sessions per pair · not tax advice — the flag is a heuristic, your compliance desk has the final word
| Substitute | Correlation | Book overlap | Fee vs USHY | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SPHY State Street SPDR Portfolio High Yield Bond ETF | 0.967 | — | -3bp | $11.8B | different index | Compare |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 0.812 | — | -5bp | $7.3B | different index | Compare |
| IBTF iShares iBonds Dec 2025 Term Treasury ETF | — | — | -1bp | $1.4B | different index | Compare |
| IBDY iShares Trust iShares iBonds De | 0.808 | — | +2bp | $1.2B | different index | Compare |
| IBDP iShares iBonds Dec 2024 Term Corporate ETF | — | — | +2bp | $1.8B | different index | Compare |
| JNK State Street SPDR Bloomberg High Yield Bond ETF | 0.973 | — | +32bp | $5.9B | different index | Compare |
RANKED BY CORRELATION, FEE, AND OVERLAP · “SAME INDEX” PAIRS ARE FLAGGED BECAUSE THE IRS HAS NEVER DEFINED “SUBSTANTIALLY IDENTICAL” — MOST DESKS TREAT SAME-INDEX SWAPS AS OFF-LIMITS AND DIFFERENT-INDEX SWAPS AS DEFENSIBLE
Cached coverage for 2,091 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-05 (1,063 funds with dated records). Fund details retrieved: 2026-09-25 to 2026-10-07. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.